The Senate, on Wednesday, indicted the Nigerian Maritime Administration and Safety Agency of financial misappropriation and ordered the agency to recover the sum of $10m it paid as legal and technical charges without recourse to the Consolidated Revenue Fund.
The indictment was a sequel to the reports of 2017 and 2018 of the Auditor General of the Federation considered by the Senate Public Accounts Committee, which was upheld at the plenary session.
The $5m was said to be five per cent of the $9.3bn Nigerian hydro-carbon loss between 2013 and 2014. The law firm, not disclosed, was expected to carry out necessary legal actions that would enable NIMASA to perfect intelligence-based efforts to track the nation’s hydro-carbon global movement.
The Senate, therefore, sustained the report of the committee which indicted NIMASA.
